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Press Release

Synchronoss Named as Finalist for Best New OSS Company

BETHLEHEM, Pa.-- Jan. 14th, 2002 -- Synchronoss Technologies today announced that they have been named as a finalists in the Best New OSS Company category for the OSS World Excellence Awards. The awards are sponsored by Billing World and OSS Today magazine and recognize the best in the OSS telecommunications industry.

Today's news follows Synchronoss being named as one of the "Ten To Watch" in the December 17th issue of Telephony magazine. Synchronoss was recognized for its innovative business process outsourcing model that uses software as a service to quickly connect telecom carriers' enterprise customers to high-speed data networks.

About Synchronoss Technologies

Synchronoss Technologies, Inc. is an e-business process outsourcing provider of service fulfillment solutions to top tier telecom carriers. Synchronoss offers a hosted and secure operations support systems (OSS) platform for communications service providers worldwide. The company was launched in November 2000 and has secured $34 million in funding led by venture capital firm ABS Ventures. The company's customers include leading telecommunications carriers such as AT&T and WorldCom. Synchronoss is headquartered in Bethlehem, Pa.